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2015 saw a surge in demand for loft conversions by homeowners in the UK as a result of the new and simplified planning regulations. There are different types of loft conversions chosen because of price, space available, aesthetic appeal, property style, the height of the roof, and the planning permission required. [1]
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In US usage, a loft is an upper room or storey in a building, mainly in a barn, directly under the roof, used for storage (as in most private houses).In this sense it is roughly synonymous with attic, the major difference being that an attic typically constitutes an entire floor of the building, while a loft covers only a few rooms, leaving one or more sides open to the lower floor.
The loft conversions were more profitable to the landlords than industrial use. [1] By 1977, the New York City Department of City Planning found that 91.5 percent of the conversions were illegal [2] and 44.9 percent of those lofts were occupied by heads of households who were artists. [3]
Office-to-residential conversions can be costly and take longer than new construction. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
Displaced Los Angeles homeowners face price gouging after wildfires. Jay Gilberg bought a five-bedroom, 4,800-square-foot (446-sq-meter) home in the Los Angeles neighborhood of Pacific Palisades ...
The Rudins sold most of their stake to Nathan Berman of Metro Loft and Silverstein Properties with the agreement that Metro Loft would lead a residential conversion. [1] [5] Silverstein and Metro Loft originally intended to buy the building for $180 million in May 2022, [6] [7] but increasing interest rates led to the postponement of the sale. [8]
[11] [9] The scale of this internal alteration can be appreciated by its cost in 1973 of £9000, the same as the average price of a house bought in the UK that year. [12] Between 1980 and 1998 two loft conversions and four extensions were added which are in a more modern style, built to serve the present day needs of the holiday centre.